Under Trump, US jobs are moving overseas even faster than before

But that isn't what this thread is about.
Jobs left. Labor jobs. Not jobs with merging and corporate headquarters.

Still waiting how moving labor jobs are affected by taxes.

I am aware that some corps who got their wealth by being in America, then leaving to increase profits by lowering taxes in other countries.

 

Deleted

 

I was responding to your claim that corporate headquarters were not leaving but when they do leave good jobs do indeed leave with them

 

But you were claiming lower corporate taxes will help keep jobs in USA.
And I don't know how and since it was your claim, you perhaps knew.
Labor jobs, not corporate jobs. IMO, far more labor/mfg jobs have and do leave than corporate.
Certainly way more since the trade agreements of the 90s.

 

When corporations move their headquarters to take advantage of lower tax rates they tend to move their production facilities too. That puts US workers out of work.

 

Fake news.

 

Facts sir, facts. Links. Something.

 

Here's a good read on how tax cuts create jobs.

• Using the Tax Foundation’s Taxes and Growth (TAG) Model, this paper simulates both the economic benefits and budgetary costs of a cut in the corporate income tax rate from the current 35 percent to the OECD average corporate income tax rate of 25 percent, the current UK corporate income tax rate of 20 percent, and the Canadian federal corporate tax rate of 15 percent.
• A reduction in the corporate income tax rate to 25 percent would increase the size of GDP by 2.3 percent at the end of the adjustment period. A further cut to 20 percent would boost long-term GDP by 3.3 percent. A cut to the Canadian federal corporate income tax rate of 15 percent would have the largest impact, increasing GDP by 4.3 percent over the long-term.
• Workers would also benefit from a corporate rate reduction. Depending on the size of the corporate rate reduction, we would expect to see an additional 425,000 to 613,000 new jobs, and wages would increase by between 1.9 percent and 3.6 percent over the long-term.

https://taxfoundation.org/economic-effects-adopting-corporate-tax-rates-oecd-uk-and-canada

 

You are right, it will not change the difference in wages. To level this out our founders instituted tarriffs, to make up the difference in labor costs. They knew this nation would never amount to much if we depended upon foreign workers instead of our own to make what we consume. But since the GOP with the great aid of democrats, destroyed what the founders set up, along with much of what FDR put into place, the only way that I can see to bring back industry, making our own consumption, is by corporate taxes. The high rates charged to MNCs who add value in slave labor nations would act as a tarriff of sorts. The very low rates on domestic production, where most value is added here, using american labor, would encourage some of those MNCs back onshore, to employ our workers. Got a better idea? I am all ears. The power of free trade deals and the WTO, has usurped our sovereignty, in the interest of MNCs and big banking, and the elites who own these businesses. Handing over sovereignty to the private sector is not how a republic is supposed to operate. And it devastates a nation's workers. For some reason although many americans work, some do not consider themselves workers, for some reason. lol And most of america is not in the upper middle class, but the middle, middle, and the lower middle. The dems here act as if they are all upper middle class. But, then again, perhaps they are which would explain what they are democrats!

 

Yeah not sure that is the case. You can keep your headquarters here, due to modern technology, and offshore your production. I think that is how it happens most of the time. But then many times, these profits are not brought back to be taxed here. Quite a bit is offshore today.

 

The jobs, One Mind, the jobs are leaving.

 

Thanks for the info.
One would think this has been proven already. Given the number of years we've had taxes and businesses.
But the article is it is 'expects' to see. So it is not actually known, if lowering corporate taxes will bring jobs back or stop jobs from leaving.

 

Is that a lot, comparing to the US job market? Yes, no?

 

Now, if they offshore money, there isn't much they can do with that money.
A corp could take that money that is offshore and open up production factories. Thereby moving labor out of country.

 

More than the average and the most in 5 yrs.

 

Only when you use mathematical trickery to include or omit.

Remember "jobs saved" being included in the "jobs created" media tally?

Pff...

 

True or false, government contracts usually have to consider cost as the primary deciding factor over all others?

The answer is true.

So whoever runs these contracts would have had to pull a Haiti-Clinton scam in order to award them to whomever might be in America.

Oh and the person who would do that wouldn't be Trump.

Not that it would stop you from coming here crying about corruption just as you're crying about blame now.

 

No, Dick Durbin opened his mouth.

No, Lindsey Graham does not speak for the Republican party.

No, President Trump could not vote in the Senate.

No, the Congress has NOT brought him anything to sign.

 

You haven't read what happened on Tuesday, I think that was the day. When tWump said no deal before anything was presented.

 

It's not that simple at all. You're neglecting the fact that taxes are paid on profits.

For instance, which country would you rather do business in:

Country A where low costs result in a healthy $1,000,000 profit, taxed at 30%, leaving a net profit of $700,000.

OR

Country B where high costs result in a less healthy $500,000 profit, taxed at 10%, leaving a net profit of $450,000.

 

Good point.

I have not seen one tRUmp supporter explain why the jobs are still leaving and why the trade deficit grew under tRUmp.

 

So the economy was sloooooooooowly getting even after Trump took office but you give Trump the credit. Now jobs are moving off shorn after Trump takes office but you blame Obama.

There had to be a word much stronger than disengenuous tondescribe that BS you just said. Oh I get the words to describe what you said are BS.

 

It's Obamas fault! Just like hurricains and the fires and the land slides and the flu and the acid indigestion you have itbuscall Obamas fault.

The fact that the earth still rotates around the sun and that No comet or asteroid hit the earth is he to Trump's election as POTUS. Everything good that happened this past year is because trump is POTUS. Everything bad that happened is all Obamas fault.

 

Stay in America you have high cost and high taxes or at least you did until Trump's tax reform.

 

The economy started booming the day Trump was elected based on the fact that Obama's economic policies would soon be replaced by Trump's who is business friendly instead of viewing corporations as the bad guys as Obama did. The Trump bump continued as Trump replaced Obama policies with his own. Unfortunately many corporations that were in the later stages of years long exit strategies from America could not suddenly say never mind, we decided to stay. Deals had been made, real estate had been purchased and divested, new hires etc. Big wheels were in motion and at some point you just can't stop them. This Obama hangover will lessen as time goes on.